855.375.4001
Listed by Jonathan Weir - Marcus & Millichap
$2,825,000 affordable loan icon Calculate Payment

5601 Fishburn Avenue Maywood, CA 90270

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Cluster Residence
18 Beds
14 Baths
... Bed/Bath
7,948 Sq. Ft.

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Last updated on 6/30/2024 7:15 AM
We are pleased to present our newest exclusive listing in Maywood. This one of a kind multifamily property situated on a large .44 acre corner lot boast14 units and estimated 50% upside in rents. The property has been in the same family since 1988 and has been well taken care of during ownership. Th...e property has a unique charm to it both on the exterior and interior which stands out compared to the competition available to prospective tenants. There are 12uncovered parking spots with 12 additional storage/garage spots. The garages can be rented out for further income or converted into ADU's. Rents can be increased December 2024 which can increase revenues further. The property has a dedicated laundry room in which the machines are landlord owned. The property is individually metered for both gas and electric. This true value-add property is a perfect addition to any new investor or savvy investor looking to capitalize on a low basis income property with tons of potential. Continue reading
MLS#
24397495
Property Type
Cluster
Bedrooms
18
Bathrooms
Year Built
1926
Square Feet
7,948 sq. ft
Lot Size
0.44
Stories
2.0

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Listed by Jonathan Weir - Marcus & Millichap
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 6/30/2024 7:15 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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